Albertville has about 100 stores, including Banana Republic, Nike, Polo Ralph Lauren, Brooks Brothers, Calvin Klein and Tommy Hilfiger. Aside from its interest in the Mall of America in Bloomington, MN, Simon other Minnesota properties include Maplewood Mall in Maplewood and the Miller Hill Mall in Duluth. Chelsea will be managed as a new division of Simon with the same management team.

Simon owns or manages 247 malls and shopping centers in North America with 197 million sf of space.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM Digital Member, you’ll receive:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.